506 N Avenue B · Haskell, TX 79521

$56,000

3 bd · 1.0 ba · 1,209 sqft · SingleFamily public records · 6 Days on market

Built 1955 0.26 ac lot Est $60k · 7% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +10.8/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +6.5/10.0
• Livability +3.4/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Opportunity awaits with this cozy three-bedroom, one-bathroom home situated on a desirable corner lot with a spacious yard and plenty of potential. Several important updates have already been completed by the owners, including a new roof, some new exterior siding, and updated windows, giving the next owner a great head start on improvements. Outside, you'll appreciate the large backyard enclosed with a new wooden privacy fence, offering space for outdoor activities, pets, gardening, or entertaining. While the interior is in need of repairs and some TLC, this property presents an excellent opportunity for investors, first-time buyers, or anyone looking to create their own charming retreat. W

Key facts

• Spacious yard
• Updated windows
• Large backyard

Tags

• CORNER LOT
• SPACIOUS YARD
• NEW ROOF
• NEW EXTERIOR SIDING
• UPDATED WINDOWS
• LARGE BACKYARD

Property features AI

Finance

• Other: Municipal utility district: yes
• HOA & community: No association

Exterior

• Parking: Attached carport; Carport with 2 covered spaces; Open parking available
• Utilities: City water; City sewer; MUD water; Electricity connected; Natural gas available with individual gas meter; Individual water meter; Cable available; All-weather road access; Asphalt and concrete roads with curbs
• Home design: Single-family residence; One story; Property is not attached; No accessibility features reported; Subdivision: Martin
• Construction: Built in 1955; Siding construction; Composition roof; Pillar/post/pier foundation
• Exterior features: Covered front porch; Covered porch(es); Privacy wood fencing; Large backyard with grass; Landscaped yard; Few trees; Corner lot

Interior

• Kitchen: Eat-in kitchen; Gas range; Refrigerator; Utility in kitchen
• Bedrooms: 3 bedrooms (all on main level)
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Space heater; Wall furnace; Window unit(s) for cooling
• Interior features: Cable TV available; Eat-in kitchen; High speed internet available; Natural woodwork; 7 total rooms; One living area; One dining area; One level
• Laundry & utility: Washer and dryer hookups in kitchen; Full-size washer/dryer area; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $56k.

Deal economics

• At list price, monthly cash flow is $521 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $56k).

Location & tenants

• Location reads 67/100 on livability (#573 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, amenities F, commute F.
• Haskell CISD (town): math 31% / reading 36% proficiency, ranked #561 of 826 in TX (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Haskell El (math 27% / reading 37%, grade F, #2,268 of 4,322 statewide, top 55%, 267 students, 68% FRL).
• Market conditions: 44 active listings in the ZIP.

Forward outlook

• In year one you build about $2k of equity ($387 loan paydown + $2k appreciation (3.1% local appreciation)).
• Haskell County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.1% appreciation + 3.0% rent growth), your $16k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $56,000

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.01% ✓
• Cap rate: 17.45%
• Cash-on-cash: 39.86%
• DSCR: 2.77
• GRM: 4.1

CMA / ARV

• ARV (on-the-fly): $60,450
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
403 N Avenue B	0.10mi	2/1.0 (-1)	1,066 (-12%)	2mo	$84,900	$80	69
306 N Avenue C	0.16mi	2/1.0 (-1)	1,348 (+12%)	1mo	$42,000	$31	67
607 N 1st	0.51mi	2/1.0 (-1)	1,204 (-0%)	9mo	$72,500	$60	63
503 N Ave F	0.32mi	2/1.0 (-1)	1,304 (+8%)	7mo	$71,000	$54	61
903 N H Ave	0.51mi	3/2.0	1,275 (+6%)	6mo	$52,500	$41	58
1103 N Avenue D	0.39mi	3/1.0	1,086 (-10%)	11mo	$52,000	$48	56
201 S Avenue D	0.52mi	2/1.0 (-1)	1,184 (-2%)	16mo	$27,500	$23	54
1004 N 9th St	0.67mi	3/2.0	1,140 (-6%)	7mo	$119,900	$105	49
306 N 4th St	0.17mi	2/1.0 (-1)	1,053 (-13%)	20mo	$52,500	$50	49
300 S 3rd St E	0.63mi	2/1.0 (-1)	1,368 (+13%)	1mo	$27,900	$20	43
1407 N Avenue H	0.73mi	3/1.0	1,244 (+3%)	22mo	$62,000	$50	43
926 N 6th St	0.61mi	3/2.0	1,389 (+15%)	21mo	$99,900	$72	25

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.09% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 45.5%
• Equity multiple: 3.56×
• Total profit: $40,197
• Equity at exit: $25,471

10-year hold

• IRR: 45.2%
• Equity multiple: 7.14×
• Total profit: $96,290
• Equity at exit: $39,483

Cash invested: $15,680 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79521

• Home prices YoY: 2.6%
• Active inventory: 44
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,128 medium
• Mortgage (P&I): −$294
• Tax from tax record: −$53 /mo · $637/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $521

Break-even live

Break-even rent $468

Max offer price $56,000

Occupancy floor 49%

Sensitivity live

Price	-10% $553	-5% $537	+0% $521	+5% $505	+10% $489
Rent	-10% $432	-5% $476	+0% $521	+5% $565	+10% $610
Rate	-1.0pp $549	-0.5pp $535	base $521	+0.5pp $506	+1.0pp $492

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $14,000
• Closing costs: $1,680
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-02
   statusdays on market $56,000 Pending 6 DOM
2. 2026-06-01
   days on market $56,000 Active 5 DOM
3. 2026-05-31
   days on market $56,000 Active 4 DOM
4. 2026-05-27
   listed $56,000 Active
5. 2023-04-12
   soldstatus
6. 1999-10-25
   soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $637 · $53/mo
• Projected year-2 tax: $1,025 · $85/mo
• Expected delta: +$388/yr (+$32/mo · 60.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥107°F today · 20 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,533
• − Mortgage interest: −$3,137
• − Property taxes: −$637
• − Insurance: −$280
• − Repairs & maintenance: −$1,083
• − Management: −$1,083
• − Depreciation: −$1,629
• Taxable income: $5,684
• Est. tax owed @ 24.0%: −$1,364
• After-tax cash flow: $4,885/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Haskell CISD
• NCES district ID: 4822740
• Math proficiency: 31% ▼ -18.00%
• Reading proficiency: 36% ▼ -8.00%
• Median HH income: $41,661
• Composite: 28.29/100
• National rank: #6791
• State rank: #561 of 826 in TX

Livability — Haskell

• Score: 67/100
• State rank: #573
• US rank: #10965

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C Housing A+ Health & safety C- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Haskell, TX
• Population (ZIP): 3,470

Population outlook (Haskell County) Hauer SSP2

• Today (2025): 5,679 people
• By 2030: 5,693 · +0.2%
• By 2040: 5,769 · +1.6%
• By 2050: 6,012 · +5.9%
• By 2075: 6,792 · +19.6%
• By 2100: 6,531 · +15.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 22% Black 7% Two or more races 4%
• Hispanic origin (detail): Mexican 18%
• Common ancestry: Serbian 4% Slovak 3% Lithuanian 2%
• Foreign-born: 7% · Canada
• Languages at home: 79% English-only · Spanish 19% Other Indo-European 1%

Political lean MEDSL · Haskell

• 2024 margin: Solid R (+71.5) · D 13.9% · R 85.4%
• 2008→2024 swing: -38.9pp toward R · 2008: -32.6pp · 2024: -71.5pp
• All cycles: 2024: R+71.5 2020: R+67.2 2016: R+61.7 2012: R+43.4 2008: R+32.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.09%
• Current HPI: 121.407
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

3 events — show timeline

• 2026-05-27 Listed $56,000 NTREIS
• 2023-04-12 Sold (Public Records) — Public Records
• 1999-10-25 Sold (Public Records) — Public Records

Property tax history

+5.3%/yr

Latest (2025): $637 · +5.8% YoY. Source: county tax records.